Jul 16, 2011 2:00am EDT
for rupert murdoch. i left cambridge and was in london at dreaming up one day becoming a blogger in america. [applause] contrary to walter's new book -- it says that right now walther is the only man in washington who is making [unintelligible] [applause] i also loved his biography on henry kissinger, partly because he was the first man to reassure me when i moved to new york that having an accent was not a problem. [laughter] he said to me you can never underestimate the complete advantages of utter in copper and stability. -- and copper instability. -- incomprehensibility. i was in london when the phone hacking scandal started. it is amazing to see two things. first of all, how old fashioned an incredibly irrelevant the debate between old media and new media is. 168 years on paper. an incredible institution in the british press that was acting in ways that would have been utterly disgusting coming from anywhere in the immediate universe. it is new media that played a huge part in bringing the news of the world down so fast part -- . -- news of the world down so fast. it is amazing what is
Jul 8, 2011 2:00am EDT
primary caucus states. -- twitter feed. did rupert murdoch's news international announced today that its shutting down the british tabloid "new of the world." the newspaper is accused of hacking into the cell phone messages of british politicians, crime victims, and families of service personnel killed in iraq and afghanistan. if before the newspaper announced it was closing, members of the british house of commons held an emergency debate on wednesday to discuss whether a full public inquiry was needed to look into the phone hacking. you're the first hour of that debate with remarks by the british attorney general and the labor spokesman for home affairs. >> we come to the emergency debate on phone hacking at the news o >> the housethe house will obsen the light of interest, i have imposed a seven minute limit on the back bench contributions. it'll take effect after the contributions. it'll depend on early contributions. to open the debate, i call mr. bryan's. in were hacked by the news of the world. >> one family member spoke today. another has been in touch with me and several others.
Jul 20, 2011 2:00am EDT
business. whether it is fox news or murdoch or wherever. that is where he thinks he's a support should go, not for the american people. host: you are a republican? caller: i became a republican at oxford university. having seen what i have seen in the past few months in particular, there is no way that republicans will get my vote in the near future. guest: it sounds like you have some interesting things to say. what you said about the consumer reau consolidang into one place, that is 80% true. it consolidates them into one bureau. there is additnal authority that it will have, and that is to supervise and regulate what are called non-bank financial firms. those are financial firms that do not take deposits. payday lenders, mortgage originators, that kind of thing. the principal was very simple. in the run-up to the fancial crisis we had essentially what became known as the shadow banking industry. this was the mortgage factories that existed outside the deposit banks that turned up some bad mortgages and led to the crisis. what you said is 80% true, but it was important to add a little b